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Chesapeake Appoints COO as Interim CEO

The Chesapeake Energy Board picks COO Dixon as interim CEO. Chesapeake Energy Corp chose COO Steve Dixon to become its acting CEO after co-founder Aubrey K.


Glass Lewis Suggests MetroPCS Shareholders to Veto T-Mobile Merger

Glass Lewis follows ISS recommendation that MetroPCS Shareholders should vote against merger with Deutche Telekom AG's U.S. business unit T-Mobile USA.

SAC Capital Manager Indicted Over Insider Trading

Portfolio manager Michael Steinberg at Steven A. Cohen's hedge fund SAC Capital Advisors was arrested on as part of a long-running investigation on insider trading.

Warren Buffet to Become Major Goldman Sachs Shareholder

Warren Buffet, an American businessman, will become one of the ten largest shareholders in Goldman following a deal he signed with the bank to exchange his profits on warrants for stock.


Latest News

Top executives of successful companies have their lives in the hands of their public, like Murdoch of News Corp and Hamm of Continental Resources.
Several hoaxes on stocks have emerged from the social media site Twitter as investors use the site as source of stock information.
P.Schoenfeld Asset Management LP has called for the resignation of MetroPCS CEO for irregularities and conflict of interest.
Dmitry Avdeyev, Rosneft's chief financier, steps down from the position after the Russian oil producer said that it had completed its acquisition of TNK-BP.
Blackstone eyes Hurd for CEO if and when it takes over Dell. The Blackstone Group LP is making an aggressive offer to hire Mark Hurd from Oracle to be the new CEO of Dell.
Cleary joins Tullis Health to help in its expansion plans. Michael Cleary was recently appointed by Tullis Health Investors as its new Director of Investor Relations and Marketing.
ThyssenKrupp founder's nephew blames Beitz for decline of steelmaker. According to the nephew of ThyssenKrupp's former owner, Alfried Krupp von Bohlen und Halbach, the only person to blame for the decline of the company is Honorary Chairman Berthold Beitz.
Carlyle Group founders announce earnings for 2012. Each founder of Carlyle Group LP received $57. 6 million each in earnings from their shares in the private equity firm and executive salaries in 2012.
Three more executives expand Carlyle Group Management Committee. The Carlyle Group, one of the world's top Global Alternative Asset Managers, has announced the addition of three Carlyle executives to the company's Management Committee.
Hulu appoints Andy Forsell as Interim CEO pending decision by Disney and News Corp on future of the website.